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Job Description

Key focus of the role:
We are looking for a Senior Accounts Administrator to join the OMIA UT Banking team, specifically dealing with Old Mutual Unit Trust (OMUT) and Strategic Investment Services (SIS), within Old Mutual Investment Administrators (Pty) Ltd (OMIA). The team is responsible for maintaining the accounting records and related financial reporting for various funds. The Senior Accounts Administrator’s role is to ensure accuracy, validity and completeness of the funds’ accounting records and related reporting.
The team is also responsible for administering the bank and assets of various funds. The role is responsible for administration of the various funds, funds distribution and completion of reconciliations.

Role Description & Key Result Areas:

Management accounting services and systems:

Manages daily queries and communication with all third parties.Resolves technical problems in support of administrative queries/issues.Ensures process controls are standardised and effectively executed.Daily monitoring of bank accounts cash movement and resolve imbalances.Performs reconciliations and checks related to market instructions and resulting money movement.Prepare internal and external bank accounts’ manual payments daily.Maintains client relationships in accordance with legislation, FSB regulations and good accounting practice.Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO).Assist with launching of new products, funds and systems.Ensures that all month end deadlines and SLA requirements are met.Assist with preparations of audit working papers.Perform month end distribution checks and loading of the files on internal and external applications.Expect to work outside Old Mutual core hours.

Reporting, planning, analyse and data to management:

Provide month end reports to the Manco and Servicing team.Responsible for tax payments and reconciliations – WTI & DWT.

Relationship building

Assist with building and maintaining a unified and sound team.Assist with building working relationships across lines of business and with 3rd parties to achieve service excellence and effective resolution of problems.

Personal Effectiveness

Delivery through own efforts and through others.Collaborates effectively with others to achieve personal results.Accepts and lives the company values.Strong analytical skills.

Role Requirement

Matric and tertiary qualification in Accounting/Finance.Min 2 years’ experience in a similar role.Computer literacy – MS Office and Advanced Excel required.Working under pressure.Multi-tasking and strong attention to detail.Excellent teamwork and ability to create a positive culture.A self-starter that takes accountability and drives desired business outcomes.Excellent written and communication skills.Advantage – Bank Reconciliation, Reporting and Fund Distribution.Advantage – FinSwitch and SARS E-Filing.

Competencies

StrategicInnovationCustomer FirstLeading with InfluenceCollaborationExecutionPersonal Mastery

Skills

Accounting Management, Management Reporting, Multitasking, Relationship Building, Teamwork

Education

Bachelor of Accounting (BAcc) (Required)

Closing Date

19 November 2024

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

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